MMJ Business Daily

18 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Cannabis Investment Trends and Funding Advice: Q&A With Viridian Capital’s Scott Greiper

By Tony C. Dreibus Big money is flowing into the marijuana industry, merger and acquisition activity is increasing, and the legislative environment is improving – all good things for the burgeoning cannabis trade. But the industry is going through some growing pains as well. Plenty of startups are mired in debt, many publicly traded firms […]

Cannabis Investment Trends and Funding Advice: Q&A With Viridian Capital’s Scott Greiper is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
17 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Tribes Warned of Legal Risks in MJ Industry

After the Department of Justice issued a memo in December stating that Native Americans could grow and sell marijuana on tribal lands, there was an immediate rush by entrepreneurs to sign up tribes and cash in on the opportunity. But some legal experts are now cautioning tribes to proceed carefully. Seattle-based Native American attorney Anthony […]

Tribes Warned of Legal Risks in MJ Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
17 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Congress Should Reclassify Marijuana, Cato Institute Says

Medical cannabis companies and users would benefit if Congress rescheduled marijuana as a Schedule II drug, according to a report by the Cato Institute. The libertarian think tank said reclassifying marijuana at the federal level would cut into black market sales, reduce law enforcement expenditures and free marijuana users from the threat of arrest and […]

Congress Should Reclassify Marijuana, Cato Institute Says is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
17 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

IRS Taking Tough Stance Against MJ Businesses Without Bank Accounts

The Internal Revenue Service has no sympathy for marijuana companies that can’t find bank accounts, it seems. An IRS hearing officer has rejected a Colorado dispensary’s request to waive a 10% penalty assessed on companies that don’t withhold employee taxes electronically, saying that the inability to find a bank account is no excuse, according to […]

IRS Taking Tough Stance Against MJ Businesses Without Bank Accounts is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
17 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Who’s Next: States With the Best Chances of Legalizing Rec or Medical Marijuana in 2015

By John Schroyer Let the lobbying begin. Lawmakers across the country are introducing bills to legalize medical or recreational cannabis at the state level this year, galvanizing marijuana advocacy groups and sparking hopes that the industry is poised for yet another expansion. Twelve states have passed Read MoreWho’s Next: States With the Best Chances of […]

Who’s Next: States With the Best Chances of Legalizing Rec or Medical Marijuana in 2015 is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
16 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Uruguay on Road to Selecting Marijuana Cultivators

Uruguay is moving closer to starting marijuana sales after a series of delays plagued the first country to legalize recreational cannabis at the national level. Investors from as far away as Canada and Germany submitted bids last August for just five licenses to cultivate recreational marijuana for the government, and officials recently whittled the list […]

Uruguay on Road to Selecting Marijuana Cultivators is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
16 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Michigan Dispensary, Edibles Bills Back on Table

Michigan legislators are reviving bills that were shot down last year covering dispensaries, medical marijuana edibles and topicals. Lawmakers behind the bills say the state needs clear rules and regulations concerning “provisioning centers” – or dispensaries – where patients can get medical cannabis, according to the Detroit News. Under one measure, dispensaries would be subject […]

Michigan Dispensary, Edibles Bills Back on Table is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
16 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Report: Apple Allowing MJ Apps Again

Apple has apparently reversed a recent ban on cannabis-related social media apps on its iTunes store, with some caveats. MassRoots – an online community for cannabis consumers and users – said its app is now listed on iTunes again after the company successfully lobbied Apple to reconsider the ban. Apple in November yanked MassRoots from […]

Report: Apple Allowing MJ Apps Again is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
16 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Monthly Medical, Recreational Marijuana Sales in Colorado

By Marijuana Business Daily staff So much for initial concerns that recreational cannabis would end up being a novelty. The rec industry had a meteoric rise in Colorado, with sales matching and then surpassing medical marijuana revenues in the second half of 2014. All told, the rec industry topped MMJ sales in three months of […]

Chart of the Week: Monthly Medical, Recreational Marijuana Sales in Colorado is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More
13 Feb 2015
Posted by Mary Jane
Category MMJ Business Daily

MJ Industry Tapping Veterans for Staffing Needs

Marijuana companies are looking for a few good men. They’re finding them in veterans who can bring their military skills as drivers and security officers to the growing cannabis industry, according to the International Business Times (IBT). Dispensaries, retail stores and other businesses that handle marijuana are under the constant threat of robberies, in part […]

MJ Industry Tapping Veterans for Staffing Needs is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

Read More